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Global Reverse Mortgage Providers Market Research Report 2024
Synopsis
In a word, a reverse mortgage is a loan. A homeowner who is 62 or older and has considerable home equity can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit. Unlike a forward mortgage—the type used to buy a home—a reverse mortgage doesn't require the homeowner to make any loan payments.
Instead, the entire loan balance becomes due and payable when the borrower dies, moves away permanently or sells the home. Federal regulations require lenders to structure the transaction so the loan amount doesn't exceed the home's value and the borrower or borrower's estate won't be held responsible for paying the difference if the loan balance does become larger than the home's value. One way this could happen is through a drop in the home's market value; another is if the borrower lives a long time。
The Reverse Mortgage Providers industry can be broken down into several segments, Home Equity Conversion Mortgages (HECMs), Single-purpose Reverse Mortgages, etc.
Across the world, the major players cover American Advisors Group (AAG), Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF), etc.
The global Reverse Mortgage Providers market was valued at US$ 1637.6 million in 2023 and is anticipated to reach US$ 2425 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
Reverse Mortgage are mainly classified into the following types: HECMs, Single-purpose Reverse Mortgages and Proprietary Reverse Mortgages. HECMs is the most widely used type which accounted for about 62% of the Global market in 2019.
Reverse Mortgage are most widely used in Debt, which took up about 36% of the Global market in 2019. Health Care Related is another widely used area, which took up approximately 24%.
North America is the largest region of Reverse Mortgage Providers market with a share of 54%. The Europe market took up about 28 % of the global market, while The Asia-Pacific were over 10 %.
This report aims to provide a comprehensive presentation of the global market for Reverse Mortgage Providers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reverse Mortgage Providers.
Report Scope
The Reverse Mortgage Providers market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Reverse Mortgage Providers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Reverse Mortgage Providers companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
American Advisors Group (AAG)
Finance of America Reverse (FAR)
Reverse Mortgage Funding (RMF)
Liberty Home Equity Solutions (Ocwen)
One Reverse Mortgage (Quicken Loans)
Mutual of Omaha Mortgage
HighTechLending
Fairway Independent Mortgage Corporation
Open Mortgage
Longbridge Financial
Segment by Type
Home Equity Conversion Mortgages (HECMs)
Single-purpose Reverse Mortgages
Proprietary Reverse Mortgages
Segment by Application
Debt
Health Care Related
Renovations
Income Supplement
Living Expenses
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Reverse Mortgage Providers companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
In a word, a reverse mortgage is a loan. A homeowner who is 62 or older and has considerable home equity can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit. Unlike a forward mortgage—the type used to buy a home—a reverse mortgage doesn't require the homeowner to make any loan payments.
Instead, the entire loan balance becomes due and payable when the borrower dies, moves away permanently or sells the home. Federal regulations require lenders to structure the transaction so the loan amount doesn't exceed the home's value and the borrower or borrower's estate won't be held responsible for paying the difference if the loan balance does become larger than the home's value. One way this could happen is through a drop in the home's market value; another is if the borrower lives a long time。
The Reverse Mortgage Providers industry can be broken down into several segments, Home Equity Conversion Mortgages (HECMs), Single-purpose Reverse Mortgages, etc.
Across the world, the major players cover American Advisors Group (AAG), Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF), etc.
The global Reverse Mortgage Providers market was valued at US$ 1637.6 million in 2023 and is anticipated to reach US$ 2425 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
Reverse Mortgage are mainly classified into the following types: HECMs, Single-purpose Reverse Mortgages and Proprietary Reverse Mortgages. HECMs is the most widely used type which accounted for about 62% of the Global market in 2019.
Reverse Mortgage are most widely used in Debt, which took up about 36% of the Global market in 2019. Health Care Related is another widely used area, which took up approximately 24%.
North America is the largest region of Reverse Mortgage Providers market with a share of 54%. The Europe market took up about 28 % of the global market, while The Asia-Pacific were over 10 %.
This report aims to provide a comprehensive presentation of the global market for Reverse Mortgage Providers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reverse Mortgage Providers.
Report Scope
The Reverse Mortgage Providers market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Reverse Mortgage Providers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Reverse Mortgage Providers companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
American Advisors Group (AAG)
Finance of America Reverse (FAR)
Reverse Mortgage Funding (RMF)
Liberty Home Equity Solutions (Ocwen)
One Reverse Mortgage (Quicken Loans)
Mutual of Omaha Mortgage
HighTechLending
Fairway Independent Mortgage Corporation
Open Mortgage
Longbridge Financial
Segment by Type
Home Equity Conversion Mortgages (HECMs)
Single-purpose Reverse Mortgages
Proprietary Reverse Mortgages
Segment by Application
Debt
Health Care Related
Renovations
Income Supplement
Living Expenses
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Reverse Mortgage Providers companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Reverse Mortgage Providers Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Home Equity Conversion Mortgages (HECMs)
1.2.3 Single-purpose Reverse Mortgages
1.2.4 Proprietary Reverse Mortgages
1.3 Market by Application
1.3.1 Global Reverse Mortgage Providers Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Debt
1.3.3 Health Care Related
1.3.4 Renovations
1.3.5 Income Supplement
1.3.6 Living Expenses
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Reverse Mortgage Providers Market Perspective (2019-2030)
2.2 Reverse Mortgage Providers Growth Trends by Region
2.2.1 Global Reverse Mortgage Providers Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Reverse Mortgage Providers Historic Market Size by Region (2019-2024)
2.2.3 Reverse Mortgage Providers Forecasted Market Size by Region (2025-2030)
2.3 Reverse Mortgage Providers Market Dynamics
2.3.1 Reverse Mortgage Providers Industry Trends
2.3.2 Reverse Mortgage Providers Market Drivers
2.3.3 Reverse Mortgage Providers Market Challenges
2.3.4 Reverse Mortgage Providers Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Reverse Mortgage Providers Players by Revenue
3.1.1 Global Top Reverse Mortgage Providers Players by Revenue (2019-2024)
3.1.2 Global Reverse Mortgage Providers Revenue Market Share by Players (2019-2024)
3.2 Global Reverse Mortgage Providers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Reverse Mortgage Providers Revenue
3.4 Global Reverse Mortgage Providers Market Concentration Ratio
3.4.1 Global Reverse Mortgage Providers Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Reverse Mortgage Providers Revenue in 2023
3.5 Reverse Mortgage Providers Key Players Head office and Area Served
3.6 Key Players Reverse Mortgage Providers Product Solution and Service
3.7 Date of Enter into Reverse Mortgage Providers Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Reverse Mortgage Providers Breakdown Data by Type
4.1 Global Reverse Mortgage Providers Historic Market Size by Type (2019-2024)
4.2 Global Reverse Mortgage Providers Forecasted Market Size by Type (2025-2030)
5 Reverse Mortgage Providers Breakdown Data by Application
5.1 Global Reverse Mortgage Providers Historic Market Size by Application (2019-2024)
5.2 Global Reverse Mortgage Providers Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Reverse Mortgage Providers Market Size (2019-2030)
6.2 North America Reverse Mortgage Providers Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Reverse Mortgage Providers Market Size by Country (2019-2024)
6.4 North America Reverse Mortgage Providers Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Reverse Mortgage Providers Market Size (2019-2030)
7.2 Europe Reverse Mortgage Providers Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Reverse Mortgage Providers Market Size by Country (2019-2024)
7.4 Europe Reverse Mortgage Providers Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Reverse Mortgage Providers Market Size (2019-2030)
8.2 Asia-Pacific Reverse Mortgage Providers Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Reverse Mortgage Providers Market Size by Region (2019-2024)
8.4 Asia-Pacific Reverse Mortgage Providers Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Reverse Mortgage Providers Market Size (2019-2030)
9.2 Latin America Reverse Mortgage Providers Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Reverse Mortgage Providers Market Size by Country (2019-2024)
9.4 Latin America Reverse Mortgage Providers Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Reverse Mortgage Providers Market Size (2019-2030)
10.2 Middle East & Africa Reverse Mortgage Providers Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Reverse Mortgage Providers Market Size by Country (2019-2024)
10.4 Middle East & Africa Reverse Mortgage Providers Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 American Advisors Group (AAG)
11.1.1 American Advisors Group (AAG) Company Detail
11.1.2 American Advisors Group (AAG) Business Overview
11.1.3 American Advisors Group (AAG) Reverse Mortgage Providers Introduction
11.1.4 American Advisors Group (AAG) Revenue in Reverse Mortgage Providers Business (2019-2024)
11.1.5 American Advisors Group (AAG) Recent Development
11.2 Finance of America Reverse (FAR)
11.2.1 Finance of America Reverse (FAR) Company Detail
11.2.2 Finance of America Reverse (FAR) Business Overview
11.2.3 Finance of America Reverse (FAR) Reverse Mortgage Providers Introduction
11.2.4 Finance of America Reverse (FAR) Revenue in Reverse Mortgage Providers Business (2019-2024)
11.2.5 Finance of America Reverse (FAR) Recent Development
11.3 Reverse Mortgage Funding (RMF)
11.3.1 Reverse Mortgage Funding (RMF) Company Detail
11.3.2 Reverse Mortgage Funding (RMF) Business Overview
11.3.3 Reverse Mortgage Funding (RMF) Reverse Mortgage Providers Introduction
11.3.4 Reverse Mortgage Funding (RMF) Revenue in Reverse Mortgage Providers Business (2019-2024)
11.3.5 Reverse Mortgage Funding (RMF) Recent Development
11.4 Liberty Home Equity Solutions (Ocwen)
11.4.1 Liberty Home Equity Solutions (Ocwen) Company Detail
11.4.2 Liberty Home Equity Solutions (Ocwen) Business Overview
11.4.3 Liberty Home Equity Solutions (Ocwen) Reverse Mortgage Providers Introduction
11.4.4 Liberty Home Equity Solutions (Ocwen) Revenue in Reverse Mortgage Providers Business (2019-2024)
11.4.5 Liberty Home Equity Solutions (Ocwen) Recent Development
11.5 One Reverse Mortgage (Quicken Loans)
11.5.1 One Reverse Mortgage (Quicken Loans) Company Detail
11.5.2 One Reverse Mortgage (Quicken Loans) Business Overview
11.5.3 One Reverse Mortgage (Quicken Loans) Reverse Mortgage Providers Introduction
11.5.4 One Reverse Mortgage (Quicken Loans) Revenue in Reverse Mortgage Providers Business (2019-2024)
11.5.5 One Reverse Mortgage (Quicken Loans) Recent Development
11.6 Mutual of Omaha Mortgage
11.6.1 Mutual of Omaha Mortgage Company Detail
11.6.2 Mutual of Omaha Mortgage Business Overview
11.6.3 Mutual of Omaha Mortgage Reverse Mortgage Providers Introduction
11.6.4 Mutual of Omaha Mortgage Revenue in Reverse Mortgage Providers Business (2019-2024)
11.6.5 Mutual of Omaha Mortgage Recent Development
11.7 HighTechLending
11.7.1 HighTechLending Company Detail
11.7.2 HighTechLending Business Overview
11.7.3 HighTechLending Reverse Mortgage Providers Introduction
11.7.4 HighTechLending Revenue in Reverse Mortgage Providers Business (2019-2024)
11.7.5 HighTechLending Recent Development
11.8 Fairway Independent Mortgage Corporation
11.8.1 Fairway Independent Mortgage Corporation Company Detail
11.8.2 Fairway Independent Mortgage Corporation Business Overview
11.8.3 Fairway Independent Mortgage Corporation Reverse Mortgage Providers Introduction
11.8.4 Fairway Independent Mortgage Corporation Revenue in Reverse Mortgage Providers Business (2019-2024)
11.8.5 Fairway Independent Mortgage Corporation Recent Development
11.9 Open Mortgage
11.9.1 Open Mortgage Company Detail
11.9.2 Open Mortgage Business Overview
11.9.3 Open Mortgage Reverse Mortgage Providers Introduction
11.9.4 Open Mortgage Revenue in Reverse Mortgage Providers Business (2019-2024)
11.9.5 Open Mortgage Recent Development
11.10 Longbridge Financial
11.10.1 Longbridge Financial Company Detail
11.10.2 Longbridge Financial Business Overview
11.10.3 Longbridge Financial Reverse Mortgage Providers Introduction
11.10.4 Longbridge Financial Revenue in Reverse Mortgage Providers Business (2019-2024)
11.10.5 Longbridge Financial Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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